Salary Calculator

By Łucja Zaborowska, MD
Last updated: Feb 13, 2021

Our salary calculator is a magical tool that computes your earnings in all possible cases; wherever you're paid once a week, once every two weeks, bi-monthly, in a month, a year... the list is long!

Our tool will let you know what's your gross salary (salary without taxes), and your salary adjusted to the number of holidays and paid vacations. 🤑

$20 an hour is how much a year? - still not sure about the answer? Keep on scrolling to find out more about our pay calculator, discover the difference between semi-monthly or biweekly pay and learn all the necessary calculations!

Hourly to salary - types of salaries

Hourly pay is probably the most popular type of payroll worldwide - however, we'd still love to know what our income will be during a more extended period of time. 📅

Our payroll calculator allows you to calculate the amount of money you earn:

  • In a day

  • In a week

  • In a bi-week

    Getting paid every two weeks.

  • In a semi-month

    Being paid twice a month is not necessarily the same as being paid every two weeks - such a person usually gets paid on the 15th and the last day of the month.

  • In a month

    Monthly pay is not typical in the USA but is pretty popular in Europe. That's why we're not surprised that our monthly income calculators gain their audience mostly in the old continent. 😉

  • In a quarter (3 months)

  • In a year

    If your salary is your only income source, this option doubles as the gross annual income calculation. (gross income - when the tax is not yet paid)

A good salary is a salary well spend - take a look at one of our handy tools and decide whether there's something you're currently dreaming of! 🏝️

Adjusted or not adjusted?

Holiday adjusted pay is pay that includes all your paid vacation and holidays - this pay is usually lower since it excludes all these days when you weren't working.

  • An average American has 7.8 days of holidays per year - that's why we decided to use 8 days as the default value, but don't hesitate to adjust it to your needs!

  • An average number of paid vacation in the US is 15 days - be sure to change it to suit your current situation.

How to calculate salary?

Our hourly pay calculator uses some assumptions:

  • A typical working year is 260 days;
  • 260 working days is equal to 52 working weeks.

I. Our today's question is: 25 an hour is how much a year?
( ❌ not-adjusted for holidays and vacation)

In this case, your hourly pay is 25 dollars. You worked 25 hours per week, for 5 days per week. We're going to use equations typical for all hourly to salary calculators:

Hours worked in a day = Hours worked per week / Days worked per week
25h / 5 = 5h

Daily pay = Hours worked in a day * Hourly pay
5h * $25 = $125

Yearly pay = (52* Days worked per week) * Daily pay
$125 * 260 = $32,500

Weekly pay = Hours worked per week * Hourly pay
25 * $25 = $625

Biweekly pay = Weekly pay * 2
$625 * 2 = $1,250

Semi-monthly pay = Yearly pay / 24
$32 500 / 24 = $1,354

Monthly pay = Yearly pay / 12
$32,500 / 12 = $2,708

Quarterly pay = Yearly pay / 4
$32,500 / 4 = $8,125

II. Our second quest is: 15 an hour is how much a year?
(✅ adjusted for holidays and vacation)

In this case, your hourly pay is 15 dollars. You also worked 25h per week, 5 days per week. We had 10 days of vacation and 10 days of holiday.

The first two equations stay just the same:

Hours worked in a day = Hours worked per week / Days worked per week
25h / 5 = 5h

Daily pay = Hours worked in a day * Hourly pay
5h * $15 = $75 (this is not the final value - it's not adjusted yet!)

💡 The most important part is to adjust the yearly pay; this value will be the basis for all our further calculations.

Adjusted, final values:

Yearly pay = Daily pay * ((52 * Days worked in a week) - (Holidays + Vacation))
$75 * (260 - (10 + 10)= $75 * 240 = $18,000

where:

  • Holidays and Vacation are given in days.

Daily pay = Yearly pay / 260
$18,000 / 260 = $69.23

Hourly pay = Daily pay / Hours worked in a day
$69.24 / 5 = $13.85

Weekly pay = Yearly pay / 52
$18,000 / 52 = $346

Biweekly pay = Weekly pay * 2
$346 * 2 = $692

Semi-monthly pay = Yearly pay / 24
$18,000 / 24 = $750

Monthly pay = Yearly pay / 12
$18,000 / 12 = $1,500

Quarterly pay = Yearly pay / 4
$18,000 / 4 = $4,500

Still want to know more? 🤔💰Take a look at one of our money tools below:

Łucja Zaborowska, MD
I get paid
Per hour
Pay per hour
$
I work
hours per day
I work
days per week
Holidays per year:
days
Paid vacation per year:
days
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